eprintid: 16990 rev_number: 2 eprint_status: archive userid: 1 dir: disk0/00/01/69/90 datestamp: 2023-12-19 03:23:28 lastmod: 2023-12-19 03:23:28 status_changed: 2023-12-19 03:07:15 type: article metadata_visibility: show creators_name: Rana, M.M. creators_name: Atef, M. creators_name: Sarkar, M.R. creators_name: Uddin, M. creators_name: Shafiullah, G.M. title: A Review on Peak Load Shaving in Microgrid�Potential Benefits, Challenges, and Future Trend ispublished: pub keywords: Battery storage; Cost benefit analysis; Economic analysis, Battery energy storage systems; Energy distribution technique; Energy distributions; Future trends; Microgrid; Microgrid systems; Peak load; Peak-shaving; Potential benefits; Research review, Electric batteries note: cited By 20 abstract: This study aims to review the potential benefits of peak load shaving in a microgrid system. The relevance of peak shaving for a microgrid system is presented in this research review at the outset to justify the peak load shaving efficacy. The prospective benefits of peak shaving in microgrid systems, including technological, economic, and environmental advantages, are thoroughly examined. This review study also presents a cost�benefit numerical analysis to illustrate the economic viability of peak load shaving for a microgrid system. Different peak shaving approaches are briefly discussed, as well as the obstacles of putting them into practice. Finally, this review study reveals some potential future trends and possible directions for peak shaving research in microgrid systems. This review paper lays a strong foundation for identifying the potential benefits of peak shaving in microgrid systems and establishing suitable projects for practical effectuation. © 2022 by the authors. Licensee MDPI, Basel, Switzerland. date: 2022 publisher: MDPI official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85127589782&doi=10.3390%2fen15062278&partnerID=40&md5=a93e13f0425e295cf973a8a66cce7437 id_number: 10.3390/en15062278 full_text_status: none publication: Energies volume: 15 number: 6 refereed: TRUE issn: 19961073 citation: Rana, M.M. and Atef, M. and Sarkar, M.R. and Uddin, M. and Shafiullah, G.M. (2022) A Review on Peak Load Shaving in Microgrid�Potential Benefits, Challenges, and Future Trend. Energies, 15 (6). ISSN 19961073